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Robert Pear,
@NYTimes reporter on health care & social policy, dies at 69: "... his byline appeared on more than 6,700 Times articles." A staggering record, and one that will be long admired by folks who cared about accuracy & clarity in reporting. R.I.P.https://nyti.ms/2PPS2JgThanks. Twitter will use this to make your timeline better. UndoUndo -
Gary Burtless Retweeted
Another indication of how much Keynesian stimulus we're getting: CBO's estimate of the cyclically adjusted budget balance, which says that fiscal policy is as stimulative now as it was when the unemployment rate was still above 8%pic.twitter.com/xfNTNBKRxN
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Query: Does NYC actually save $22,000 if the jail cell goes unused & if there is no arrest? Asking for a friend ...https://twitter.com/drrjkavanagh/status/1124319301694107650 …
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Gary Burtless Retweeted
Five myths about federal
#debt - thanks@WilliamGale2 for helping clear the economic mists!https://wapo.st/2GFmYb9?tid=ss_tw&utm_term=.2f35abec92ef …Thanks. Twitter will use this to make your timeline better. UndoUndo -
Sen Warren’s college-debt-forgiveness plan is almost the opposite of progressive redistribution.
@crampell , citing research by Adam Looney [ https://brook.gs/2IVfgMS ], shows that an awfully big % of benefits go to the well-to-do and soon-to-be well-to-do.https://wapo.st/2UWKf2b?tid=ss_tw&utm_term=.4aa0649d80e0 …Thanks. Twitter will use this to make your timeline better. UndoUndo -
Fascinating — though not totally unexpected — findings from a recent randomized controlled trial. They shed light on questions, why are participation rates in gov’t benefit pgms less than 100%? What happens when we increase participation?https://twitter.com/QJEHarvard/status/1121206828568842240 …
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Gary Burtless Retweeted
This piece by
@RichardvReeves is very good. It's not a simple story. But that's kind of the point.https://www.theguardian.com/commentisfree/2019/apr/24/capitalism-is-failing-workers-people-want-a-job-with-a-decent-wage-why-is-that-so-hard?CMP=share_btn_tw …Thanks. Twitter will use this to make your timeline better. UndoUndo -
Gary Burtless Retweeted
2007/8 was an extremely policy heavy primary. In 2016, Rs savaged any details Ds provided—mobilized any group that would be impacted—while giving no details of their own. In that environment, I fear your take,
@ezraklein, is a tad risky/naive.Thanks. Twitter will use this to make your timeline better. UndoUndo -
A heartfelt and accurate tribute to the late Alan Krueger,"a master-economist for our age," from
@TimHarford http://timharford.com/2019/04/alan-krueger-a-master-economist-for-our-age/ … viaThanks. Twitter will use this to make your timeline better. UndoUndo -
I think there is a good deal of sense in these statements, but some look contestable in an economy where a shortfall in aggregate demand means there are underemployed resources, including people willing to work.https://twitter.com/causalinf/status/1119216695997079553 …
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2 of 2/ As
@d_harrison documents in his@WSJ article, there are wide differences between analysts' in their estimates of the trend in the share of personal income going to the bottom 90% of income recipients. The differences between estimates in chart below are hardly trivial.pic.twitter.com/aguA6RA5rC
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1 of 2/ Problem: Household surveys are giving us poor information about income distribution. Possible Solution: Try combining household survey data with national accounts data to produce better distributional statistics.
@d_harrison is on the case.https://www.wsj.com/articles/government-to-measure-who-gets-what-share-of-the-economic-pie-11555407001?shareToken=st51edc9d6e4e440e69a710efceb5b18e9 …Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo -
From which fact we should infer that urban birds must be urban coyotes biggest fans.https://twitter.com/TDeryugina/status/1117457087523586050 …
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"College Wouldn’t Cost So Much If Students and Faculty Worked Harder" says Richard Vedder. Working harder *is* a cost. Or have I been misled by economics textbook writers who don't work hard enough?https://www.wsj.com/articles/college-wouldnt-cost-so-muchif-students-and-faculty-worked-harder-11554936810?shareToken=st0080ee0ce1d544119ebf8b58f494e516 …
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In a rational & just world, every single one of them would do so.https://twitter.com/R_Thaler/status/1115837176963575809 …
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Got to agree w/
@NatashaRSarin and@LHSummers Comprehensive, base-broadening tax reform with increased enforcement is the right way to go. https://www.bostonglobe.com/opinion/2019/03/28/fair-comprehensive-tax-reform-right-path-forward/DwzX8IbqbRY5zxaCy2DoBI/story.html?event=event25 … via@BostonGlobepic.twitter.com/hCisgZnK18
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Now this is depressing: The majority of financial abuse against the elderly is perpetrated by family members, especially adult children. h/t
@RetirementRsrch https://twitter.com/share?text=Elderly%20Report%20Financial%20Abuse%20by%20Kids …Thanks. Twitter will use this to make your timeline better. UndoUndo -
Gary Burtless Retweeted
Millennials are marrying, having kids, and buying homes so much later than previous generations that analysts are discussing whether “emerging adulthood” is a new stage of life between childhood and adulthood.
@brookingsecon#PGPF2050 https://brook.gs/2Cs1BZB pic.twitter.com/5x7vtxqpdH
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Gary Burtless Retweeted
Great fact check via
@crampell --> The op-ed that got Stephen Moore his Fed nomination is based on two major falsehoodshttps://www.washingtonpost.com/opinions/2019/03/26/op-ed-that-got-stephen-moore-his-fed-nomination-is-based-two-major-falsehoods/?tid=ss_tw&utm_term=.b0f20c3101a6 …Thanks. Twitter will use this to make your timeline better. UndoUndo -
Gary Burtless Retweeted
Sen. Shelby said Peter Diamond, a Nobel laureate, lacked qualifications to serve on the Fed Board. Yet Shelby now supports Stephen Moore, a non-economist who has been wrong on virtually every economic prediction or claim he's ever made, for the same job.https://wapo.st/2FyW7Nv?tid=ss_tw&utm_term=.955409a3751c …
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